Wednesday, July 18, 2007


It's been a while hasn't it. I took a sabatical from forums and other traders to take stock (scuse the pun). Although I was doing ok, chucking the job in wasn't happening, and personal stuff was making it impossible - also the way I traded I discovered... didn't fit my lifestyle. So, it was time to take a break.

New and good things occurred and are occurring, my style of trading has changed considerably after taking time out and analysing goals and time available. I'm more than happy with the way things are going now. Chucking the job in is still on, but it had to be pushed out a few months.

As time goes on this blog will be attached to, a new venture that is being planned.

Good luck to all, and thanks for the all the emails of support and questions as to where the heck I'd got to! You know who you are and it's much appreciated!

Friday, July 07, 2006


"Well, I think the leading cause of financial disablement is the belief that you can rely on the experts to help you. It might, if you know the right expert. For example, if you happen to be Paul Tudor Jones' barber, and he is talking about the market, it might not be a bad idea to listen. Typically, however, these so-called "experts" are not traders. Your average broker couldn't be a trader in a million years. More money is lost listening to brokers than any other way. Trading requires an intense personal involvement. You have to do your own homework, and that is what I advise people to do. (Michael Marcus, from the book Market Wizards, by Jack D. Schwarger) "

Thursday, December 01, 2005

9th May 06 (new tack - back again....)

Many thanks for the comments and those wondering where I'd gone. I don't actually use Skype or MSN much especially when trading as I find it distracting, however any comments or questions I'll try and answer by email or on this blog as best I can.

For various reasons, plus enforced time off, the new tack blog fell by the wayside. What I have been doing is trading when possible... reading a lot and working on the psychology of myself and being disciplined as this has been the major problem for me and has cost too many pips.

Threads that will give you an insight into the way I trade now are below, I primarily take signals off the 4HR chart now and greatly prefer the much reduced screen time involved.
There's some excellent traders out there and they freely share their knowledge on these threads. Whether a novice or expert, you'll definitely learn something either way. - MikeFX and Shellcon especially have helped me a great deal here.

Books I'd recommend are:

It's a lot of reading and a lot to digest there, but no one said this was easy ;o)

Currently short eurusd from 2724, SL 2775, looking for 2600...

Tuesday, November 22, 2005


Short cable 1.1767, closed at 1.1785. Sold the dummy/head fake quite convincingly.


Long cable 1.1805 closed on a limit at 1.1831


+16 on the day

Friday, November 18, 2005

WE 18/11/05

Not trading Friday as away.


Thursday, November 17, 2005


Short cable 1.7341 SL 1.7671

edit: SL moved to 1.7315, decided not to take half of original entry

SL moved to 1.7215 this morning
(+252 locked in)

edit2: Stopped out

Tuesday, November 15, 2005

WE 11th Nov


WE 4th Nov



The cable limit on Friday was triggered, but it failed quite spectacularily, moved SL to breakeven +1 and left it.


Went long cable 1.7452 x 2 thinking this could be the promised rise to the heavens for christmas and closed at 1.7465.


Shorted again at 1.7463, took half on a limit at 1.7448 and left the rest to run with SL at BE +1 as it made a C down, left an exit limit at 1.7355 as a double bottom seemed likely and went to bed. Nice way to wake up in the morning.


The COT data is still saying the big boys (and girls) are long. The range is 1.7350 to 1.7500 so will be looking to play that until there's a concerted move in either direction - presumaeably north, but you never know for sure.

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